First i am very positive BPT great management and operations , good prospects even with low oil price as they are predominantly in gas and have good contracts and cash in the bank.
From my perspective though , i am no expert but looking at the scenario at hand there is no great demand for oil now and none for several months ahead either, so the possibillity of a recovery short or medium term is not good, imo...., the Saudies just sent a bunch of tankers to the US , that will not help either so i think the price will simply bounce arround on the bottom for a while untill the virus gets sorted.
Either way Beach at some time will rise with the economy of the world so no stress if you get stuck with a few.
Ann: Business Update, page-189
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$1.54 |
Change
0.015(0.99%) |
Mkt cap ! $3.501B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.55 | $1.50 | $10.73M | 7.023M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25391 | $1.53 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 39714 | 3 |
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